<p>4-H CAREER EDUCATION HANDOUT NEFE High School Financial Planning Program</p><p>Help youth learn to manage management skills and the financial planning money through the NEFE High process. School Financial Planning Program®. Use this FREE program to give high school youth access to sound money Unit 1 – Financial Planning: Where It All Begins Unit 1 teaches the basics of financial planning, goal setting, needs and wants, and the financial planning process. As a result of this unit, youth will create a personal financial plan. Unit 2 – Budgeting: Making the Most of Your Money Unit 2 teaches youth about the basics of budgeting, sources of income and expenses, and the concept of pay yourself first. As a result of this unit, youth will construct a personal budget. Unit 3 – Investing: Making Money Work for You Unit 3 introduces youth to saving and investing. Youth learn about the time value of money, investment options, and the risks and rewards of investing. As a result of this unit, youth will propose a personal saving and investing plan. Unit 4 – Good Debt, Bad Debt: Using Credit Wisely</p><p>Unit 4 introduces youth to the basics of credit. Youth To order this curriculum, visit: will understand the process for applying for credit, what a credit history is, how to manage credit wisely, and the http://hsfpp.nefe.org. consequences of excessive debt. As a result of this unit, youth will identify a plan for handling credit and To learn more about this program, managing debt in their lives. contact: Julie Chapin Unit 5 – Your Money: Keeping It Safe and Secure Michigan State University Extension Unit 5 covers the basics of financial services including 160 Agriculture Hall savings and checking accounts and credit and debit East Lansing, MI 48824 cards. Youth will also explore identify theft. As a result of this unit, youth will demonstrate how to effectively 517-432-7608 use various financial services. [email protected] Unit 6 – Insurance: Protecting What You Have Unit 6 introduces youth to strategies to effectively manage risk and how insurance is used to protect against loss. As a result of this unit, youth will create a personal insurance plan to minimize their personal and financial risk. Unit 7 – Your Career: Doing What Matters Most</p><p>Unit 7 focuses on career choices and earning potential. Youth will explore how education and training can affect earning potential, and the costs associated with career preparation. As a result of this unit, youth will examine how a career choice and lifestyle affect their financial plan. </p>